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independent.Using detailed data for Italy, we find that banks venturing into retail business in Eastern Europe are significantly … increasing their market share in Italy's industrial districts that heavily shifted their production process to Eastern Europe in …
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Using firm-level based TFP indicators (as opposed to employment-based proxies) we estimate the effects of alternative sources of dynamic externalities at the local level. In contrast to previous empirical work, we find that industrial specialization and scale indicators affect TFP growth...
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